How in the world did my score drop?

Submitted by Anonymous (not verified) on Wed, 11/03/2010 - 02:35
Forums

In may I was approved for an Auto loan. I had a score in the low 600s..Last week I week through my credit union for a credit card and got denied for a unsecured card..they told me my score and it had dropped to 544!!! I've mad every car payment on time so Im confused on why it dropped..Does anybody know why??